Payroll Specialist V

Are you inspired by “what’s next”? So are we.

When you join the Albemarle team, you contribute to a better tomorrow. You will play a role in powering many of the world’s largest and most critical industries, from energy and communications to transportation and electronics. We are putting innovation to work to improve people’s lives and we want YOU to be a part of it.

Job Description

Albemarle is hiring for a Regional Payroll Specialist. This position is hybrid and located in Hungary.

What You Will Do

• The Regional Payroll Specialist is responsible for the administration of the daily EMEA payroll operations and accuracy of the payroll data to process regular and off-cycle payrolls for EMEA and other locations.  You will manage end-to-end payroll processes including data collection, consolidation, payroll processing, checking, payment, pay slips arrangement, reporting etc. for the region.
• Serve as the Regional Payroll Specialist for colleagues and primary point of contact for regional payroll processing matters.
• Support payroll processing for different countries.
• Handling legal deductions (sending out answers and notification to employees)
• Absence issues, vacation reconciliation (HR System vs. Payroll), annual leave balance modifications
• Checking monthly payroll (overtime, commute to work, sick-leaves, tax allowances, legal deductions).
• Checking mid-month payments and reviewing gross to net calculations.
• Fringe benefit related coordination in cooperation with outsourced external partner.
• Administrating of maternity leave cases.
• Preparing ad hoc employment certifications
• Manage activities in systems/applications, SAP, Workday, ServiceNow, and ADP Streamline with accuracy.
• Monitor payroll interfaces, identify, and help resolve discrepancies.
• Manage and audit social benefits contribution, withholding tax, income tax filing, and other payroll downstream processes.
• Partnership with local HRBP’s, Finance team, and HRIS system team to ensure smooth payroll processing.
• Ensure payroll processing is compliant with local labor and tax legislation, social benefits regulations and all other statutory laws and policies.
• Ensure all required controls are documented and executed to meet the internal/external audit requirements.
• Validate time entries and perform variance analysis.
• Confirm and verify all payroll data, including deductions, taxes, and variances.
• Plays a key role in payroll projects and supports optimization implementations.
• Provide data, reports and supporting documentation for internal and external audit.
• Work with internal and external partners on all payroll related initiatives and engagements.
• Provide accurate payroll journals and support for all payroll General Ledger accounts.
• Printing, scanning, tracking of payroll documents.
• Archiving of payroll documents as per Record Retention Schedule
• Assists with system updates and testing.
• Assist and support additional projects as assigned.

What You Bring

Required:

• Minimum of 3 years of experience with Payroll, HR, Accounting, or other related experience.
• High energy, results-oriented, self-starter with excellent time and project management skills.
• Experience with excel utilizing pivot tables, v-lookups, graphs, charts, etc.
• Goal driven, self-motivated, organized, multi-tasker, committed to excellence.
• Look for improvements continuously, displays initiative to help wherever necessary.
• Effective collaboration skills with team members and third-party vendors.
• Strong sense of responsibility and ability to work with little supervision,
• Strong acumen for financial controls and compliance with laws and policies.
• Knowledge of labor regulations, social benefits, taxation rules of European countries.
• Fluent written and spoken English, and additional language skills are beneficial.
• Ability to find root causes of problems and to focus on their quick and efficient solution.
• Excellent customer service & communication skills.

Preferred:

• Experience with Workday HCM and Timekeeping, ADP Streamline, and SAP.

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Benefits of Joining Albemarle

• Competitive compensation

• Comprehensive benefits package

• A diverse array of resources to support you professionally and personally.

Choose to unlock your full POTENTIAL. Apply today.